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Jan 17, 2013
01/13
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tom fitzpatrick is global head of citi fx technicals. joins us live. welcome. good to have you on. although i'm not sure many people watching now want to hear your prediction. >> it's on leah prediction. >> where do you think we're going? >> in the short term as your previous commentators we have some lags left. the s&p we just moved to this new high above 4075. very similar to the way we traded in 2007 and 2000. i wouldn't be surprised if there's a little bit of lag here and maybe up towards 1495 for the reason, momentum. momentum came in the first move up from last year and we're seeing a loss of momentum similar to what we saw there. also we're seeing in the big picture, overlays on the dow jones that we're in the levels that we believe we'll peak out in. while there's left on the top side we're on the same page we have been in the last three months we'll peak out around these levels and see a high to down low move probably in excess of 20%. >> you're on an island i'm sure you admit making that kind of a prediction. there are many people who would throw awful lot of more positiv
tom fitzpatrick is global head of citi fx technicals. joins us live. welcome. good to have you on. although i'm not sure many people watching now want to hear your prediction. >> it's on leah prediction. >> where do you think we're going? >> in the short term as your previous commentators we have some lags left. the s&p we just moved to this new high above 4075. very similar to the way we traded in 2007 and 2000. i wouldn't be surprised if there's a little bit of lag here...
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Nov 15, 2013
11/13
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yes, it's very supportive. >> tom, it's josh brown. i saw in your noteds that the three sectors that you favor heading into 2014 -- materials, financials, and technology -- you note that they traded a discount to the s&p's multiple. but if you ask anyone about technology, very few people would argue that it's cheap. could you speak to, you know, the action we've seen in the nasdaq this year, for example, the piling in to speculative tech names? can we still call that group cheap on the whole? >> yeah, it's a fair question. i mean, if you take any sector, there's been some bifurcation, right, because the things that have visible growth, the secular growth, have seen their multiples explode. and those are hard stocks to want to buy and put fresh money into. but when you look at the rest of tech -- and i'd argue large-cap tech is almost as a category falls into this -- you're getting double-digit free cash yield, top-line growth, 6%, and you're paying, you know, a 12, 13, sometimes a 9 p/e for them. i think those are real candidates for r
yes, it's very supportive. >> tom, it's josh brown. i saw in your noteds that the three sectors that you favor heading into 2014 -- materials, financials, and technology -- you note that they traded a discount to the s&p's multiple. but if you ask anyone about technology, very few people would argue that it's cheap. could you speak to, you know, the action we've seen in the nasdaq this year, for example, the piling in to speculative tech names? can we still call that group cheap on...
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Jun 18, 2013
06/13
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we're back with tom barra barrae ceo of colony capital. when we look at the home builders, let's go right to the bottom, home builders, what do you do now given their performance recently because of rising rates? is there still money to be made or is this story over for a while? >> look, it's a tremendous buy. the good news for the home builders is they start planning profitability five years ago. so the big value of the home builders has been deferred taxes rolling forward plus the discounted value of the finished lots they have on their books. the problem is they have now built on all the finished lots. the land development business is catching up. home builders have traded at 1.4, 1.5 times book. affordability at the entry level may get hit a bit but traditional rates on 30-year fixed mortgages which has been the best investment for americans has always been in the 6s for the last 10 or 15 years. so all of this hoi polloi over trf interest rates raising will hit affordability. but the supply is so dismal in every category, in every cate
we're back with tom barra barrae ceo of colony capital. when we look at the home builders, let's go right to the bottom, home builders, what do you do now given their performance recently because of rising rates? is there still money to be made or is this story over for a while? >> look, it's a tremendous buy. the good news for the home builders is they start planning profitability five years ago. so the big value of the home builders has been deferred taxes rolling forward plus the...
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Feb 11, 2013
02/13
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. >>> want to get enfoe frinfo frf you to tom and those that don't see this as tom does. >> we like wirehaeuser well. they have done a very good job in the new management structure. we also like home depot, your typical name. the other one we own is adt, home security. kind of dish the radar screen, 93% recurring revenue pretty impressive and 20% market share in that business. >> josh brown, as you listen in, where do you see the greatest opportunity in housing? >> the really big point is the average individual can't really put this trade on. warren buffet said he'd buy all of them if he wanted the infrastructure to do that, all of these homes. you can't really do that. what you can do is be involved in the home improvement companies. every foreclosure that comes back to the market as home rent rental needs work, 10 grand or 50 grand, someone has to put up sheetrock and new window treatment. sherwin williams has been working and home depot was standout last year in their category and overall. i don't see anything that changes that trend. obviously the related companies have gotten more expensiv
. >>> want to get enfoe frinfo frf you to tom and those that don't see this as tom does. >> we like wirehaeuser well. they have done a very good job in the new management structure. we also like home depot, your typical name. the other one we own is adt, home security. kind of dish the radar screen, 93% recurring revenue pretty impressive and 20% market share in that business. >> josh brown, as you listen in, where do you see the greatest opportunity in housing? >>...
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Apr 12, 2013
04/13
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he is tom, head of global asset management for uvs. nice to see you. >> good afternoon. >> let's get to it. you have listened to the conversation that my gee on the desk are having today, and i would want to know where you play this market. >> the big story in the market is we're at all-time highs. maybe not in real terms or relative to a multiple, but it's a market where the rally has not been -- not an aggressive rally. a defensive rally. i'm on the side where staples is probably the most expensive segment in the market and maybe the thing most resembling ten-year treasuries. low growth expectations, high multiple. doesn't seem like a great combination right here. >> you're basically making the case that it's time to make the -- you knowing, everybody talks about the great rotation from treasuries into equities. you're talking about another rotation that you say would be worthwhile right now, and that's to kick the winners to the curb and buy the laggers. >> i don't think the rotation has been a great rotation. it's been a modest, te
he is tom, head of global asset management for uvs. nice to see you. >> good afternoon. >> let's get to it. you have listened to the conversation that my gee on the desk are having today, and i would want to know where you play this market. >> the big story in the market is we're at all-time highs. maybe not in real terms or relative to a multiple, but it's a market where the rally has not been -- not an aggressive rally. a defensive rally. i'm on the side where staples is...
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Dec 16, 2013
12/13
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>> tom highlights apartment reits have been the place to be. where you could get a double or triple when you look at class a malls, take a name like simon property group. this is the type of nape where in '14 it's underperformed in 2013, tremendous opportunity. the street recognizes funds from operation are stronger than what current estimates are. so the mall reits have been forgotten. i look at a name like this, we just did that play book portfolio, i would say that's would be the sixth name of the five that i gave that i would get exposure to in '14. >> you like simon, don't you. >> i love samen. >>> it's underperformed. >> look at benefit of what simon has, in addition to operating leverage, you want nobody real estate categories, hospitality and regional malls. simon has a huge investment in clay pierre. look at resurgence in europe where i think 2014 bet in real estate is, where about where we were in 2009 in europe, that play with simon, those assets are represent applicable. >> you love the hotel space. hilton ipo on friday. what do you
>> tom highlights apartment reits have been the place to be. where you could get a double or triple when you look at class a malls, take a name like simon property group. this is the type of nape where in '14 it's underperformed in 2013, tremendous opportunity. the street recognizes funds from operation are stronger than what current estimates are. so the mall reits have been forgotten. i look at a name like this, we just did that play book portfolio, i would say that's would be the sixth...
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Feb 1, 2013
02/13
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thanks for calling in. >> thanks. >> tom demark. what do traders here at the nyse think of today's market move? let's bring in our friend steve grasso. welcome. you know, a big day for the market recapturing this important level of 14,000. where do we go from here? what are the traders looking for to take it the next leg? >> you know, you spoke about the levels in the dow and the level in the s&p. this is going back to december of '07 levels. so that 1510 mark, once we took that out and we're right around it right now, it's 15 and a quarter, right back to the old highs. 1576. everyone is cautiously optimistic. they are positive on a lot of their own individual stories but we're also waiting for the other shoe to drop. that is just the state of what it's like on the floor. >> it's been such an interesting move that the market is largely able to look past, cover its ears, from any of the noise out there. that helped us get where we are now. can we continue to look past some of the issues to take it further? >> there have been so many
thanks for calling in. >> thanks. >> tom demark. what do traders here at the nyse think of today's market move? let's bring in our friend steve grasso. welcome. you know, a big day for the market recapturing this important level of 14,000. where do we go from here? what are the traders looking for to take it the next leg? >> you know, you spoke about the levels in the dow and the level in the s&p. this is going back to december of '07 levels. so that 1510 mark, once we...
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Jul 2, 2013
07/13
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> thanks for having me. >> tom lee, jpmorgan. next up, lots of stocks on the move. we're calling out the biggest winners and losers. >>> plus, is rent ipo noodles & company the next high flying food stock? >> it is a very hot ipo, but the real question is, is it hot enough to be the next chipotle? i'll get behind the numbers when "halftime" returns. arch reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back to a developing story that we want to share with you. we're keeping an eye today on shares of linn energy following news that the s.e.c. has launched an informal inquiry. there are serious questions about whether that news would derail
> thanks for having me. >> tom lee, jpmorgan. next up, lots of stocks on the move. we're calling out the biggest winners and losers. >>> plus, is rent ipo noodles & company the next high flying food stock? >> it is a very hot ipo, but the real question is, is it hot enough to be the next chipotle? i'll get behind the numbers when "halftime" returns. arch reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the...
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Apr 3, 2013
04/13
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what do apple and tom cruise -- or an iconic tom cruise movie in common? >> show me the money! >> jerry, you better yell! >> show me the money! >> all right. so i blew the intro a little bit. our next guest says this is the company's jerry maguire moment and they're probably getting closer to returning more cash to shareholders. brian, welcome back. >> thank you, scott. >> when are they going to do it? we know it's going to happen at some point. when will it happen? what's your best guess, educated guess, you can make right now? >> sure. if you would have asked me the same question 30 days ago, i would have said within a month. i'm surprised they haven't done it yet. i'm not sure what they're waiting for. i think everybody wants it to happen. i think the company wants it to happen. i don't know what the hurdles are now. >> maybe they -- is there a reason why they wouldn't do it, brian? are they -- are they overconsumed at this point with having to redo certain things to live up to the hype, to live up to the competition, et cetera? i mean, why wouldn't they do it? >> well, reca
what do apple and tom cruise -- or an iconic tom cruise movie in common? >> show me the money! >> jerry, you better yell! >> show me the money! >> all right. so i blew the intro a little bit. our next guest says this is the company's jerry maguire moment and they're probably getting closer to returning more cash to shareholders. brian, welcome back. >> thank you, scott. >> when are they going to do it? we know it's going to happen at some point. when will it...
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Sep 26, 2013
09/13
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political risks, tensions seem to be eadsing in libya, iraq, nigeria, iran, tom tells us close years of european refiners will only further boost the process for busy u.s. refiners. finally what do you get when you increase refineing along with lower geopolitical risk? the perfect formula for cheaper prices at the pump, which is good news for everybody as we head into the holiday shopping season. coming up, we will tell you how all those lower gas prices are impacting the retailer. over to you. >> guys, let's play these names. >> play the service stocks. the service, if all that drilling activity is going on, those companies will do the best. >> i think the refiners are very interesting. they come down so much on names like bolero. they are down near trough levels. they're a great boy here. >> let's talk gluten free, that trend has delivered serious dough to investors in boulder brands, it's a health company. contributor herb greenberg sees blareing red flags, he joins us now. >> i do. i have a list on street.com. what i'm pointing out is this gluten-free trend, is it sustainable? th
political risks, tensions seem to be eadsing in libya, iraq, nigeria, iran, tom tells us close years of european refiners will only further boost the process for busy u.s. refiners. finally what do you get when you increase refineing along with lower geopolitical risk? the perfect formula for cheaper prices at the pump, which is good news for everybody as we head into the holiday shopping season. coming up, we will tell you how all those lower gas prices are impacting the retailer. over to you....
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Nov 4, 2013
11/13
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tom lee joins us new york city. welcome back to the show. >> thanks for having me. >> so, why is there no bubble as some have called this market over the last week or so? >> well, i think, you know, the word "bubble" has negative connotations and when we think about it for the stock market, it shouldn't be based on the price. it should be based on either p/e ratio or relative p/e and by either measure i don't think the stock market's anywhere close to a bubble. >> what you're saying, this plays into the conversation we had late last week, you think people are too hung up on the individual prices of certain stocks and that's leading them to believe there is a bubble brewing, that there's too much froth rather than the overall valuation of the market itself? >> that's exactly right. we have to keep in mine that the median p/e of the market today is under 15 times. high yield has -- is telling us that s&ps p/e should be over 17 times now, trading at a huge discount to where the high yield market is. in terms of economi
tom lee joins us new york city. welcome back to the show. >> thanks for having me. >> so, why is there no bubble as some have called this market over the last week or so? >> well, i think, you know, the word "bubble" has negative connotations and when we think about it for the stock market, it shouldn't be based on the price. it should be based on either p/e ratio or relative p/e and by either measure i don't think the stock market's anywhere close to a bubble....
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Feb 4, 2013
02/13
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and say they would buy $45 million in treasuries out again and gold price came down $150 bucks. >> tom, thanks so much. we will do final trades after this short break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. and you see the woman gyou fell in love with. she's everything to you. but your er
and say they would buy $45 million in treasuries out again and gold price came down $150 bucks. >> tom, thanks so much. we will do final trades after this short break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ we all work remotely so this is...
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Feb 28, 2013
02/13
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i was challenging tom of staples and others to give him more time even though most retailers -- well, we gave him the extra time. did he help himself out? no, he hurt himself. >> did you see the webcast last night? does the guy get any points for saying, look, i tried something. i got it wrong. i've had a number of months, i've today clean up a big mess that existed before i was even there. yes, i made some missteps but i've gotten rid of a lot of the crap that's gone on. inventories are trying to get cleaned up. doing the stores, et cetera. have we given the guy a share shake? it is easy it write an f on the record card, as we sit here today, jeff. i think everyone would agree with you as performance on the last year. the question is, what goes forward. >> i give him a d overall. i would juf grade him from the f, give him a d overall. yeah, he failed on a number of dimensions. a lot of new dimensiones. yes, give him a little bit of credit for listing his mistakes. there are people like those driving hp off a cliff and not listening. yes, he is listening and realizing he made mistakes
i was challenging tom of staples and others to give him more time even though most retailers -- well, we gave him the extra time. did he help himself out? no, he hurt himself. >> did you see the webcast last night? does the guy get any points for saying, look, i tried something. i got it wrong. i've had a number of months, i've today clean up a big mess that existed before i was even there. yes, i made some missteps but i've gotten rid of a lot of the crap that's gone on. inventories are...
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May 2, 2013
05/13
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we've had tom sit in here talking to us about what his firm has done. >> i love this. if you could remember blackstone in the early '90s, they did something almost exactly like this. they're almost reverse engineering mortgage-backed securities. we've been long that market the last three or four years. i think it's a brilliant play. there's other ways to play it. mutual funds or in the hedge funds space like a pine river, a meta capital. housing prices are going up. no question about it and blackstone is on the contrary yan side soaking up supply. >> i don't know if they're on the contrary side. every single one of those markets is in. he said he's having a tough time finding value there. so, it's a very crowded trade. >> compared to what private equity does, you're building a whole company from the ground up, cobbling together a bunch of little properties. >> you're actually buying small companies. putting it together. so you're building them up and becoming public. >> yep. indeed. coming up, some of the biggest names in mutual funds are meeting today in d.c. and cnbc
we've had tom sit in here talking to us about what his firm has done. >> i love this. if you could remember blackstone in the early '90s, they did something almost exactly like this. they're almost reverse engineering mortgage-backed securities. we've been long that market the last three or four years. i think it's a brilliant play. there's other ways to play it. mutual funds or in the hedge funds space like a pine river, a meta capital. housing prices are going up. no question about it...
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May 29, 2013
05/13
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he's tom fitzpatrick with citi fx. welcome back, nice to see you. >> thatches for having me. >> you can debate the fundamentals but what are you seeing? where do you think we're going from here? >> as you probably know, we didn't think we were going to get through thiser it terms the. we accelerated through it and continue to move higher. however that also does give us a little bit of concern. because we're now on line for the up month in an already mature rally. this move is beginning to look more and more like the move we saw from october 1998 into the summer of 2000. therefore our concerns are that while in the near term i think you have to be a skeptical participant and the dangers are this rally is going to continue, we believe this acceleration we're seeing now is the type of pattern you tend to see when you're getting close to the top of a move. so we are cautious but momentum is still there and you have to continue to participate. >> talk to me about rates, over 2% on the 10-year. sky falling. much ado about no
he's tom fitzpatrick with citi fx. welcome back, nice to see you. >> thatches for having me. >> you can debate the fundamentals but what are you seeing? where do you think we're going from here? >> as you probably know, we didn't think we were going to get through thiser it terms the. we accelerated through it and continue to move higher. however that also does give us a little bit of concern. because we're now on line for the up month in an already mature rally. this move is...
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May 21, 2013
05/13
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. >> thank you, tom. the answer to that is no. 100% of the profits on any sale to a customer in the united states, whether it's through our online stores, all of that is fully taxed in the u.s. >> okay. >> there's nothing -- there's no outbound payments offshore. >> okay, thank you. >> thank you. >> thank you very much, senator mccaskill. >> mr. chairman, let me kind of pick up where senator mccaskill left off there. this is complex, and it has to do with how do you allocate income? what kind of transfer price is an appropriate price. i did notice that your u.s. sales are about 39% of your total sales. international is about 61%. so u.s. is about 39% and you had 35%. international sales 61% and 65% of income. can you explain that? that's pretty close. if i were to take a look at that, you're getting pretty darned close, i would think, to proper allocation between sales and income. can you explain that disparity? >> sure, senator. and i'll make some comments and pass it to peter. generally apple's mcintosh
. >> thank you, tom. the answer to that is no. 100% of the profits on any sale to a customer in the united states, whether it's through our online stores, all of that is fully taxed in the u.s. >> okay. >> there's nothing -- there's no outbound payments offshore. >> okay, thank you. >> thank you. >> thank you very much, senator mccaskill. >> mr. chairman, let me kind of pick up where senator mccaskill left off there. this is complex, and it has to do...
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Oct 29, 2013
10/13
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we'll have a lot more in bonds in the online live show, and speaking to bullish tom lee. what could propel stocks higher into the end of the year? we'll ask him, find out 1:00 p.m. eastern, futuresnow.cnbc.com. >> all right, jackie, thank you so much. >>> global markets are climbing for the day. simon? >> yes, at this time of the day, of course, because europe hasn't ended, and you'll see europe is making gains for the first time in three days. italy has had a particularly strong day so far today. obviously, we're at the height of earnings season in europe. already we know that currency effects are huge, and you saw that, of course, with michelin and goodyear here in the united states. two major factors i want to point out, the degree to which the regulators are clamping down in europe is evident in the banks' earnings season. ubs saying it won't make profitability targets until 2015. deutsche bank, despite being in positive territory, 1.2 billion euros, one of the one-off effects, still able to trade higher on the session. the other major effect to come out of earnings t
we'll have a lot more in bonds in the online live show, and speaking to bullish tom lee. what could propel stocks higher into the end of the year? we'll ask him, find out 1:00 p.m. eastern, futuresnow.cnbc.com. >> all right, jackie, thank you so much. >>> global markets are climbing for the day. simon? >> yes, at this time of the day, of course, because europe hasn't ended, and you'll see europe is making gains for the first time in three days. italy has had a particularly...
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Jun 20, 2013
06/13
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>> i think we had tom barrack on the show the other day. his favorite stock was mt g, which was insurance. that's a great way to play it rather than own the home builders. >> i like the home builders. i can't help but think you're going to get a better shot at them. >> i think you have to own lpx. i wouldn't do the home builders just yet. >>> coming up on "the half" stocks selling off for the second straight day. we have one stock in the green by double dim jits. one of morningstar's top bond fund managers gives his picks. revealing his game plan for making money and we'll be right back. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> welcome back. the bond sell-off is deepening. you look at what the ten-year yield is doing at its highest level in well over a year. to help us figure out the best way to profit from this
>> i think we had tom barrack on the show the other day. his favorite stock was mt g, which was insurance. that's a great way to play it rather than own the home builders. >> i like the home builders. i can't help but think you're going to get a better shot at them. >> i think you have to own lpx. i wouldn't do the home builders just yet. >>> coming up on "the half" stocks selling off for the second straight day. we have one stock in the green by double dim...
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Jul 17, 2013
07/13
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. >> and sandridge he's playing as a turnaround because tom ward has met the same fate. he's out. he really used the company as his piggyback. $300,000 in oakland thunder tickets. he expects to see leverage at the bottom line. >> that's called delivering alpha. that's an understatement. look at the performance of cooperman's picks. the returns are quite stunning. let's react to the fed chairman and the comments he's making today, what the market is doing. anthony, you have been probably the most critical of what could happen to the market once the liquidity is pulled. >> not critical of the fed. i think the fed has done an unbelievable job and i think the children is doing a great job today. >> but you have made the prediction stocks are going to fall and fall hard once the liquidity is pulled away. >> okay. so the fed is tapering. i'm going to taper my remarks a little. i'm looking at him today. he looks like sigmund freud burr nan can i. he's sitting there and trying to psycho their pies a group of people who don't understand what he's doing. my prediction is he will be more suc
. >> and sandridge he's playing as a turnaround because tom ward has met the same fate. he's out. he really used the company as his piggyback. $300,000 in oakland thunder tickets. he expects to see leverage at the bottom line. >> that's called delivering alpha. that's an understatement. look at the performance of cooperman's picks. the returns are quite stunning. let's react to the fed chairman and the comments he's making today, what the market is doing. anthony, you have been...
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Feb 21, 2013
02/13
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tom kendall will go head to head with the ultimate gold bug, peter schiff. it's a bull-bear debate of the highest order. >> we like some fun. we'll see you at the top of the hour. >> the best energy names are what, refiners? other groups? >> the emc names are the ones i would be buying. i think you want to look at something like floor, which is down today. all are down today. if oil stays at 70, 75, these companies continue to print money because the capex remains the same. >> i'm long chevron. the stock acts like a champ, holds up much better than it should. not to mention the fact it's got a gigantic dividend and they're trying to figure out what to do with $20 billion they have lying around. not a bad position to be in. >> as we go to break, let's look at where the overall market sits right now. we're looking at the worst two days in a row here of the year. blame it on what you will. you can say it's related to yesterday's fed minutes, which came out at 2:00 eastern time. could you blame it on the fact the market was poised to pull back and you can blame
tom kendall will go head to head with the ultimate gold bug, peter schiff. it's a bull-bear debate of the highest order. >> we like some fun. we'll see you at the top of the hour. >> the best energy names are what, refiners? other groups? >> the emc names are the ones i would be buying. i think you want to look at something like floor, which is down today. all are down today. if oil stays at 70, 75, these companies continue to print money because the capex remains the same....
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Jan 16, 2013
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the right of freedom of religion for sikhs who are gunned down in a place of worship or free tom of assembly for those who are just trying to go shopping or see a movie versus second amendment rights to bear arms. these are very fundamental issues. same with the debt ceiling. it's a very fundamental sense of how big the government should be. both of those are going to be very hard fought and they're going to be hard fought, as you say, at exactly the same time. >> thanks so much. eamon javers for us outside the white house reacting to those proposals today from the president. >>> when we come back from a short break, we'll consider the financial fallout from the president's announcement today. certainly a lot of publicly traded companies that may be impacted as a result of all of this. >>> we're also going to speak with some market mavens, if you will. talk about the stock market and action there. bill nygren, many of you know him. he'll give you stock picks you'll certainly want to hear. rick reeder, one of the best bond guys on the street is talking stocks today. you'll certainly want to h
the right of freedom of religion for sikhs who are gunned down in a place of worship or free tom of assembly for those who are just trying to go shopping or see a movie versus second amendment rights to bear arms. these are very fundamental issues. same with the debt ceiling. it's a very fundamental sense of how big the government should be. both of those are going to be very hard fought and they're going to be hard fought, as you say, at exactly the same time. >> thanks so much. eamon...
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Dec 10, 2013
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. >>> here's what we're tomming today. nifty fifty as twitter retakes the key level. are shares now poised for a bigger breako out. -- now the man compared to some, compared by some to buffett, tells you where he's investing next. >>> we start today with this question. is the so-called crisis trade officially over? five years after the meltdown, stocks sit at historic highs, europe appears to have stabilized, a budget deal is looming, and according to our own steve liesman, the taper is increasingly likely this month. what does it mean for your money? it's "halftime." let's play the action. murphy, you first. is the crisis trade over? >> the crisis trade is 100% over, scott. you look at it, right now the fed is getting together, figuring out how they're going to -- or when they're going to start to pull back on qe. you know, we're going to get a taper. whether it's this month, next month, we all know it's coming. clearly, we were at the -- you know, i don't think all of the books are written, we were at the verge of something ugly back in 2008, and now you're seeing a
. >>> here's what we're tomming today. nifty fifty as twitter retakes the key level. are shares now poised for a bigger breako out. -- now the man compared to some, compared by some to buffett, tells you where he's investing next. >>> we start today with this question. is the so-called crisis trade officially over? five years after the meltdown, stocks sit at historic highs, europe appears to have stabilized, a budget deal is looming, and according to our own steve liesman,...
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Oct 2, 2013
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i think a lot of the names can perfect tom form to the upside. >> give as you comment on how traders and investors for that matter should be viewing what is happening in washington and bigger picture of what their investment strategy should be. >> sure. now if you are looking at the total big picture, this really should have very little impact on what you are doing long term. because we all know that this is going to be resolved. short term, it is really -- the traders trading for today or next week or next month that really have to look at this. right now, if you are on the side lines and waiting to trade what is going in washington, you need to be getting ready to buy on dips. you saw citigroup on the financial team, citigroup received an upgrade. $65 price target two days ago. sitting in the $48 range. that's something you can look at picking up. financials are going to lead us higher. long term, if you are looking out a year from now, there's nothing to do right now with what is going on in washington. it will pass. >> mario is one of the world's best investors. main fund gavely
i think a lot of the names can perfect tom form to the upside. >> give as you comment on how traders and investors for that matter should be viewing what is happening in washington and bigger picture of what their investment strategy should be. >> sure. now if you are looking at the total big picture, this really should have very little impact on what you are doing long term. because we all know that this is going to be resolved. short term, it is really -- the traders trading for...
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Nov 19, 2013
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. >> josh brown, let's say we can get to tom lee of jpmorgan, his price target. remember, up to 1,825, told us that last week on the show. what gets us there? >> you're a couple percent away. i mean, you're there. >> 35 points from here. >> 35 points in six weeks. >> the more interesting question to me is how much of 2014's performance are we going to pull forward into the last five weeks of this year? and i hope not a lot. you know, there's nothing wrong with the s&p closing out up 25%. it's triple what your typical return should be, even in a healthy market on an annual basis. >> scott, i think the better -- if we get better economic data, that could get us higher. we've not had a lot of data. i think the big number is december 6, the nonfarm payroll numbers, and we'll have better clarity. and pmi, and global pmi numbers, so if we get better data, that could get us more confidence in the earnings story, and then, therefore, higher multiples. >> you know what else we'll get, that no one is talking about? we get another fight in d.c., right? how bhig of a risk is
. >> josh brown, let's say we can get to tom lee of jpmorgan, his price target. remember, up to 1,825, told us that last week on the show. what gets us there? >> you're a couple percent away. i mean, you're there. >> 35 points from here. >> 35 points in six weeks. >> the more interesting question to me is how much of 2014's performance are we going to pull forward into the last five weeks of this year? and i hope not a lot. you know, there's nothing wrong with the...